Why Tampa Is a Homebuyer's Dream

The Tampa-St. Petersburg region has long been a haven for retirees and working northerners alike heading to the Sunshine state for the weather, the ocean, and affordable real estate. Now they're coming the other way, too.

According to University of Florida research cited by the Tampa Bay Times, a lot of the people moving into the Tampa Bay area are coming from elsewhere in Florida, especially from Palm Beach and Miami.

Add that to a substantial number of newcomers from other states and you can expect a population boom that bodes well for real estate investment. In fact, the Tampa-St. Petersburg-Clearwater metro area as a whole has grown to 2,945,000 as 2022 unfolds, up 1.17% in a year, and the city of Tampa itself has swelled to 397,085 souls, up 1.7% in single year.

Image source: Getty Images.

Source Fool.com